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Property profile & analytics
OFF-MARKET
Estimated value
$6,750,000
Medical Office Space
1 Orthopaedic Pl Saint Augustine, FL 32086-4202
Entity Owned
23-yr Hold
~
Est. High Equity
Property ID
US18-0800885
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL CLINIC
Year built
2004
Construction
STEEL FRAME
Total area
29,902 SF
Lot
1.95 ac (84,942 SF)
Zoning code
OR
APN
135080 0000
UPID
US18-0800885
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$6.75M
Blend (final)
Blend
$6.75M
Owner & transaction history
Orthopedic Associates Partner · 23 yrs held
Orthopedic Associates Partner
since 2003
2 recorded transactions
Zoning & alternative use
OR · Saint Augustine, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$10.9M
+43.1%
Auto repair, garage
$7.8M
+2.3%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Saint Augustine submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Saint Augustine submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
MEDICAL BUILDING
$7,635,000
Current use
COMMERCIAL (GENERAL)
$10,930,000
Change: +43% · Conversion: Easy
AUTO REPAIR, GARAGE
$7,815,000
Change: +2% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$7,600,000
Change: 0% · Conversion: Difficult
RETAIL STORES
$7,375,000
Change: -3% · Conversion: Difficult
OFFICE BUILDING
$6,475,000
Change: -15% · Conversion: Easy
Blend value · Realmo final
$6.75M
Range $6.08M – $7.43M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$226 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$104,640
Tax year 2023
Assessed value
$5,961,677
Assessed 2023
Previous assessed
$4,607,426
+29.4% YoY
Effective rate
1.76%
On assessed value
Land market value
$1,019,304
Improvement market value
$4,942,373
Total market value
$5,961,677
Applied tax rate
452.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Medical Office Space
Use group
MEDICAL CLINIC
Status
Off-Market
Year built
2004
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
CENTRAL
Stories
2
Total area
29,902 SF
Lot
1.95 ac (84,942 SF)
Zoning code
OR
APN
135080 0000
UPID
US18-0800885
Jurisdiction
ST JOHNS
Zoning & alternative use
OR · Saint Augustine, FLZoning OR · permitted uses
OR · Saint Augustine, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING Current
Est. value
$7.6M
COMMERCIAL (GENERAL)
Est. value
$10.9M
AUTO REPAIR, GARAGE
Est. value
$7.8M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$7.6M
RETAIL STORES
Est. value
$7.4M
OFFICE BUILDING
Est. value
$6.5M
MEDICAL BUILDING Current
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
NEIGHBORHOOD: SHOPPING CENTER
RETAIL STORES
OFFICE BUILDING
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2004
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
2
Lot
1.95 ac
Current owner
From public records · entity-resolved
Orthopedic Associates Partner
Entity
Mailing address
400 HEALTH PARK BLVD, SAINT AUGUSTINE, FL 32086-5784
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2003
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 7, 2003
$950,000
Orthopedic Associates Partner
University Of St Augustine For
Grant Deed
$712,500 · Compass Bank
Sep 28, 2001
—
Michael Mier
Serra,joseph
Grant Deed
related
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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